20 Eight 5 Ltd
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Notes to the Accounts |
for the year ended 31 October 2022
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1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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Turnover |
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Turnover is measured at the fair value of the consideration received or receivable.
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Debtors |
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Short term debtors are measured at transaction price.
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Creditors |
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Short term creditors are measured at transaction price.
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Taxation |
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A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
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2 |
Employees |
2022 |
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Number |
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Average number of persons employed by the company |
1 |
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3 |
Debtors |
2022 |
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£ |
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Trade debtors |
1,206 |
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Other debtors |
4,459 |
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5,665 |
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4 |
Creditors: amounts falling due within one year |
2022 |
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£ |
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Trade creditors |
965 |
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Taxation and social security costs |
4,313 |
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5,278 |
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5 |
Other information |
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20 Eight 5 Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
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16 Colmore Drive |
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Sutton Coldfield |
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B75 7RQ |